News

News
Shoppers Embrace AI Tools in Search for Black Friday Bargains
November 27, 2024

Shoppers are reportedly embracing artificial intelligence (AI) and other digital tools as they search for Black Friday bargains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Retail
IKEA’s Lead Franchisee’s Profits Fall as It Prioritizes Affordability
November 27, 2024

IKEA’s biggest retailer has seen profits plunge after cutting costs to attract wary customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Artificial Intelligence
3 Ways AI Moves B2B Tech From Reactionary to Anticipatory
November 27, 2024

Across B2B payments and technology, artificial intelligence is emerging as more than just another transformative technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Retail
Temu and Shein’s Black Friday Marketing Heft Pressures Other Retailers
November 27, 2024

The marketing might of two online retailers might mean a bleak Black Friday for rivals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Regulation
UK’s FCA Seeks Comments on Streamlining Investor Protection Rules
November 27, 2024

The United Kingdom’s Financial Conduct Authority launched a consultation on proposals to transfer firm-facing requirements of the Markets in Financial Instruments Directive Organisational Regulation (MiFID Org Reg) into FCA Handbook rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Luxury Brands Shed 50 Million Customers as Prices Climb
November 27, 2024

Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Retail
How True Religion’s Data-Driven Approach Powers Customer Loyalty and Holiday Campaign Success
November 27, 2024

As True Religion works to re-establish itself in the retail landscape, the brand is placing an emphasis on data-driven marketing strategies to drive both customer loyalty and sales. By leveraging insights to better understand consumer behavior, True Religion is focusing on standing out through product...

Investments
SoftBank Reportedly Eyeing $1.5 Billion OpenAI Stock Purchase
November 27, 2024

SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Payments Innovation
How the ‘Shopify of Gaming’ Is Helping Developers Go Direct to Consumer
November 27, 2024

The seeds were sown long ago for Chris Faught, CEO of Neon, to create a direct-to-consumer (D2C) platform for the gaming industry in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...